Maybe not most people, but a little over 2.25 million jobs lost and mostly not replaced for years. It had a big effect on those millions of people. At the tim

Maybe not most people, but a little over 2.25 million jobs lost and mostly not replaced for years. It had a big effect on those millions of people. At the time of dot com boom, the Y2K rush, and the early growth and commercialization of the web, people throughout the country (not just silicon valley) were getting hired with excellent salaries. Basic HTML skills paid very well. After the bust, many of those jobs went away and people had to go back to lower-paying work or to those jobs that remained but now paid half as much. The jobs gradually returned over the decades but with more skills required and the pay only slightly and gradually moving back toward the levels it had been.